Plan Ledger DOL Form 5500 · updated monthly

Longbridge Financial LLC401(k)

LONGBRIDGE FINANCIAL LLC 401(K) PROFIT SHARING PLAN · PARAMUS, NJ · plan year 2025

Reported admin expense ratio · 2025
0.43%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Longbridge Financial LLC reported $110,039 in plan administrative expenses for 2025: 0.43% of average plan assets, above the peer median. Employer contributions averaged $4,178 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio fell from 0.55% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other professional & technical services employers. By assets it is the 835th-largest of 2,419 plans among New Jersey employers on file, and the 4,204th of 11,654 in professional & technical services. In 2025, employees put in $1.92 for every $1.00 the employer contributed; active participation has grown from 391 to 453 since 2022.

Plan summary
Net assets, end of year$29,688,429
Participants with balances493
Active participants453
Employer contributions$1,892,844
Employee contributions$3,635,044
Employer contribution per active participant$4,178
Average account balance$60,220
Benefits paid to participants$2,037,430
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$29.7M · 493 accts · $1.9M emplr
2024$21.8M · 440 accts · $1.5M emplr
2023$16.1M · 437 accts · $1.2M emplr
2022$8.3M · 394 accts · $1.2M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$73,587
Investment management$36,452
Total administrative$110,039
The Longbridge Financial LLC 401(k) match · 2025
Employer contribution per active participant$4,178
Median for plans this size$2,666
2025$4,178 per active participant
2024$3,750 per active participant
2023$2,819 per active participant
2022$2,992 per active participant

Longbridge Financial LLC's 2025 employer contribution ran above the $2,666 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$73,587
PRIVATE ADVISOR GROUP LLC · Investment advisory (plan)$36,451

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history4
2025$110,039 · 0.43%
2024$115,578 · 0.61%
2023$86,394 · 0.71%
2022$40,351 · 0.55%
Same employer
Similar plansProfessional & Technical Services · New Jersey
The Mercadien Group, LLC NJ$31.5M · 0.07%
Thomas Lanzetta NJ$30.6M · 0.37%
Integris, LLC NJ$30.4M · 0.46%
Cue Health Inc. NJ$29.6M · 1.22%
Genscript USA Inc. NJ$29.5M · 0.53%
Becht Engineering Co., Inc. NJ$29.4M · 0.56%
Harwood Lloyd, LLC NJ$28.6M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460530020 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.